International Trade and Aggregate Fluctuations in Granular Economies

243 citations recorded by the source corpus.

Citations in the corpus

International Trade in General Oligopolistic Equilibrium (2016, methodology): “Dierker and Grodal (1998) assume that firms maximize shareholders’ real wealth. Eaton, Kortum, and Sotelo (2013) review the difficulties of modeling oligopolistic markets in general equilibrium with a finite number of firms.”
Power Laws in Firm Size and Openness to Trade: Measurement and Implications (2010, unknown): “Di Giovanni and Levchenko (2009b) show that welfare gains from reductions in fixed costs are an order of magnitude lower, and gains from reductions in variable costs an order of magnitude higher in a model calibrated to Zipf’s Law compared to the counterfactual case in which ζ = 2 instead.”
Firm entry, trade, and welfare in Zipf's world (2013, unknown): “We favor this indicator compared to others that measure entry costs either in dollars or in units of per capita income, because in our model fii is a quantity of 15In di Giovanni and Levchenko (2009), as a robustness check, we also computed τij using the estimates of Eaton and Kortum (2002).”